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Environmental Regulations and Pollution of the World
Published in Daniel T. Rogers, Environmental Compliance and Sustainability, 2019
The average per capita income in Australia is estimated at $67,442, which ranks second highest in the world just behind Switzerland (World Bank 2018a). The gross domestic product of Australia is estimated at $1.69 trillion and ranks twenty-seventh in the world. Economic drivers in Australia include mining and tourism along with lesser amounts of farming and livestock. Mining in Australia consists of coal, natural gas, gold, aluminum, iron, and other heavy metals, and diamonds and opal (World Bank 2018a).
The long uphill journey of Australia’s rare earth element industry: challenges and opportunities
Published in International Journal of Mining, Reclamation and Environment, 2022
George Barakos, Laurence Dyer, Michael Hitch
With such a large mining industry, Australia has developed a strong governmental legislative framework and world-class environmental management practices that promote sustainability and corporate responsibility. In addition, Australia’s transparent legal and regulatory systems and appealing investment settings make it relatively straightforward to set up operations, thus making the country an attractive location for critical minerals investment and development. The Australian Government is taking action to grow the country into a critical raw materials powerhouse, capitalising on the strength of the resources industry sector. On top of the governmental support, public perception of mining in Australia is overwhelming, especially in areas where mining activities are intense. The main perceived benefit of mining is the creation of jobs. At the same time the public agrees that mining has positive effects on regional communities and has helped improve transport infrastructure in regional Australia [49].